There are still people daring to short SK Hynix!

A whale holding a short position on SK Hynix has already lost more than their principal, with unrealized losses reaching $1.6 million.
On May 11, according to Hyperinsight monitoring, SK Hynix's stock price has recently been rising steadily, and all whales with positions over a million dollars on Hyperliquid's SKHYNIX (SK Hynix mapping contract) are short positions, currently all with unrealized losses.
The deepest unrealized loss whale opened a position on February 20, shorting 3,394.6 SKHYNIX (approximately $4.36 million) with 4x leverage, entry price at $816, liquidation price at $1592. After nearly 3 months of holding, the unrealized loss has expanded to $1.58 million, a loss of 119%, more than their initial principal, and they have not closed the position as of press time.
At a position where SK Hynix has hit a new all-time high, the Hyperliquid contract is temporarily quoted at $1,299, and new short positions continue to enter, with the latest whale entry at an average price of $1,250; the on-chain short address closest to liquidation is at $1,451. $ETH